---
title: "Shivalik Rasayan Ltd (SHIVALIK) — Share Price, Financials & Analysis"
symbol: "SHIVALIK"
company: "Shivalik Rasayan Ltd"
canonical: "https://tapetide.com/stocks/SHIVALIK"
isin: "INE788J01021"
nse_symbol: "SHIVALIK"
bse_code: "539148"
sector: "Commodities"
industry: "Fertilizers & Agrochemicals"
market_cap_cr: 561.03
generated_at: "2026-09-13T19:40:00.931Z"
---

# Shivalik Rasayan Ltd (SHIVALIK)

Canonical page: https://tapetide.com/stocks/SHIVALIK

## Company

- **NSE Symbol:** SHIVALIK
- **BSE Code:** 539148
- **ISIN:** INE788J01021
- **Sector:** Commodities
- **Industry:** Fertilizers & Agrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2021-12-09
- **CEO:** Dr. Vimal Kumar Shrawat Ph.D.
- **Employees:** 275
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** shivalikrasayan.com

## About

Incorporated in 1979, Shivalik Rasayan Ltd is a manufacturer of Agrochemicals & Active Pharma Ingredients[1]

## Latest Price

- **Price:** ₹362.05
- **Change:** -4.75 (-1.29%)
- **Open:** ₹358.45
- **Day High:** ₹365.65
- **Day Low:** ₹349.55
- **Previous Close:** ₹366.8
- **Volume:** 115411
- **As Of:** 2026-09-11T09:59:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:49.442674Z.

- **Market Cap:** ₹561.03 Cr
- **Classification:** Microcap
- **P/E (reported):** 29.4
- **P/E (TTM):** 41.66
- **EPS (TTM):** ₹8.69
- **Book Value:** ₹380.38
- **Price to Book:** 0.96
- **Dividend Yield:** 0.14%
- **ROE:** 3.81%
- **ROCE:** 5.89%
- **Debt to Equity:** 0.19
- **Revenue (yearly):** ₹368 Cr
- **Net Income:** ₹17.27 Cr
- **EBITDA:** ₹45.76 Cr
- **52-Week High:** ₹496
- **52-Week Low:** ₹206.4
- **RSI (14):** 69.44

## Tapetide Score

- **Score:** 36 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 7.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 46.82 | 9% |
| growth | 62.38 | 9% |
| momentum | 65.68 | 12% |
| ownership | 39.12 | 24% |
| quality | 24.7 | 22% |
| valuation | 31.98 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.95 times its book value

### Weaknesses

- Company has a low return on equity of 2.68% over last 3 years.
- Dividend payout has been low at 5.78% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -13.86% | 51.45% | -115.65% |
| ebitda margin growth | -15.28% | -18.87% | -21.31% | -46.75% |
| net income growth | -37.5% | -15.34% | -16% | -7% |
| revenue growth | -7.07% | 14.96% | 16% | 13% |
| roce | -24.04% | 1.73% | -28.86% | 8.34% |
| roe | -37.24% | 6.72% | 4.83% | -59.89% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 67.05 | 70.23 | 71.23 | 74.63 | 82.44 | 85.31 | 69.39 | 89.31 | 93.84 | 82.04 | 102.82 | 96.34 |
| Expenses | 57.39 | 61.37 | 61.94 | 65.25 | 70.68 | 71.99 | 63.63 | 78.33 | 81.8 | 71.72 | 90.39 | 85.16 |
| Operating Profit | 9.66 | 8.86 | 9.29 | 9.38 | 11.76 | 13.32 | 5.76 | 10.98 | 12.04 | 10.32 | 12.43 | 11.18 |
| OPM % | 14.41 | 12.62 | 13.04 | 12.57 | 14.26 | 15.61 | 8.3 | 12.29 | 12.83 | 12.58 | 12.09 | 11.6 |
| Other Income | 0.56 | 1.5 | 1.49 | 0.64 | 0.35 | 1.6 | 5.71 | 0.6 | 0.39 | 1.18 | 1.92 | 0.97 |
| Interest | 1.96 | 1.58 | 2.61 | 1.92 | 2.45 | 2.26 | 2.71 | 2.62 | 2.22 | 2.31 | 2.46 | 2.08 |
| Depreciation | 3.44 | 3.01 | 3.11 | 3.5 | 4.66 | 4.84 | 2.78 | 4.82 | 4.73 | 5.06 | 4.16 | 4.41 |
| Profit before tax | 4.82 | 5.77 | 5.06 | 4.6 | 5 | 7.82 | 5.98 | 4.14 | 5.48 | 4.13 | 7.73 | 5.66 |
| Tax % | 45.02 | 24.78 | 9.09 | 16.09 | 11.6 | 11.38 | 13.21 | 31.88 | 21.35 | 11.14 | 7.12 | 20.49 |
| Net Profit | 2.65 | 4.34 | 4.6 | 3.86 | 4.43 | 6.94 | 5.19 | 2.82 | 4.31 | 3.67 | 7.18 | 4.5 |
| EPS in Rs | 1.21 | 1.97 | 2.21 | 2.26 | 2.58 | 3.39 | 2.62 | 1.02 | 1.94 | 1.71 | 2.88 | 2.16 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 155 | 171 | 186 | 198 | 215 | 234 | 273 | 312 | 368 | 375 |
| Expenses | 131 | 147 | 157 | 159 | 167 | 191 | 232 | 271 | 322 | 329 |
| Operating Profit | 24 | 24 | 29 | 38 | 47 | 43 | 41 | 41 | 46 | 46 |
| OPM % | 16 | 14 | 16 | 19 | 22 | 19 | 15 | 13 | 12 | 12 |
| Other Income | 3 | 8 | 3 | 1 | 4 | 5 | 4 | 8 | 4 | 4 |
| Interest | 4 | 3 | 2 | 2 | 3 | 5 | 9 | 10 | 10 | 9 |
| Depreciation | 2 | 3 | 4 | 9 | 11 | 12 | 12 | 16 | 19 | 18 |
| Profit before tax | 20 | 26 | 27 | 29 | 37 | 32 | 23 | 23 | 21 | 23 |
| Tax % | 25 | 20 | 17 | 15 | 7 | 6 | 22 | 13 | 16 | — |
| Net Profit | 15 | 21 | 22 | 25 | 34 | 30 | 18 | 20 | 18 | 20 |
| EPS in Rs | 14.39 | 9.88 | 10.17 | 12.77 | 17.68 | 14.32 | 8.17 | 10.6 | 7.71 | 8.69 |
| Dividend Payout % | 3 | 5 | 2 | 4 | 3 | 3 | 6 | 5 | 6 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 4 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
| Reserves | 7 | 45 | 158 | 169 | 172 | 280 | 412 | 500 | 528 | 591 |
| Borrowings | 32 | 22 | 20 | 10 | 29 | 38 | 58 | 76 | 94 | 114 |
| Other Liabilities | 52 | 81 | 103 | 142 | 155 | 163 | 101 | 109 | 104 | 106 |
| Total Liabilities | 94 | 152 | 288 | 328 | 363 | 488 | 578 | 692 | 734 | 819 |
| Fixed Assets | 27 | 40 | 41 | 52 | 210 | 221 | 218 | 214 | 337 | 335 |
| CWIP | 0 | 0 | 26 | 102 | 0 | 3 | 57 | 117 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 66 | 111 | 222 | 175 | 153 | 264 | 303 | 362 | 398 | 484 |
| Total Assets | 94 | 152 | 288 | 328 | 363 | 488 | 578 | 692 | 734 | 819 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 8 | -7 | -8 | 6 | 59 | 11 | -19 | -8 | -9 | -34 |
| Cash from Investing Activity | -4 | -24 | -24 | -102 | -65 | -23 | -71 | -74 | -21 | -21 |
| Cash from Financing Activity | -3 | 52 | 100 | 10 | 2 | 78 | 50 | 89 | 21 | 62 |
| Net Cash Flow | 2 | 21 | 69 | -86 | -4 | 66 | -40 | 7 | -10 | 6 |
| Free Cash Flow | 5 | -22 | -37 | -85 | -6 | -14 | -82 | -76 | -32 | -51 |
| CFO/OP | 52 | -21 | -12 | 41 | 171 | 37 | -31 | -9 | -16 | -68 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 92 | 108 | 111 | 114 | 127 | 119 | 132 | 116 | 113 | 114 |
| Inventory Days | 76 | 65 | 71 | 65 | 34 | 148 | 239 | 266 | 268 | 285 |
| Days Payable | 137 | 103 | 123 | 171 | 152 | 216 | 208 | 136 | 151 | 155 |
| Cash Conversion Cycle | 31 | 71 | 59 | 7 | 9 | 51 | 162 | 245 | 229 | 244 |
| Working Capital Days | 11 | 73 | 118 | 145 | 65 | 95 | 136 | 131 | 127 | 156 |
| ROCE % | 32 | 28 | 16 | 11 | 11 | 12 | 8 | 6 | 6 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 47.95% | 47.95% | 47.95% | 47.95% | 47.95% | 47.95% | 47.37% | 47.37% | 47.37% | 47.37% | 47.37% | 47.37% |
| FIIs | 0% | 1.18% | 2.99% | 2.15% | 3.29% | 4.34% | 4.27% | 4.36% | 4.38% | 3.89% | 4.2% | 1.19% |
| DIIs | 0.24% | 0.59% | 0.88% | 0.88% | 0.88% | 0.88% | 0.64% | 0.56% | 0.48% | 0.12% | 0% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.31% | 27.96% | 27.44% | 27.76% | 28.21% | 28.52% | 30.52% | 30.62% | 31.06% | 31.95% | 31.84% | 33.97% |
| Others | 22.5% | 22.32% | 20.73% | 21.25% | 19.67% | 18.31% | 17.19% | 17.09% | 16.71% | 16.66% | 16.59% | 17.45% |
| No. of Shareholders | 9190 | 9149 | 9398 | 10001 | 10627 | 11633 | 12841 | 13399 | 14199 | 14013 | 13413 | 14104 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 6 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 337.82 | Buy |
| EMA (10) | 338.16 | Buy |
| SMA (20) | 305.98 | Buy |
| EMA (20) | 315.45 | Buy |
| SMA (50) | 267.06 | Buy |
| EMA (50) | 283.38 | Buy |
| SMA (100) | 257.85 | Buy |
| EMA (100) | 275.14 | Buy |
| SMA (200) | 285.41 | Buy |
| EMA (200) | 310.41 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 67.57 | Neutral |
| MACD (12,26,9) | 27.03 | Buy |
| Stochastic (14,3,3) | 79.05 | Neutral |
| ADX (14) | 49.92 | Buy |
| Williams %R (14) | -33 | Neutral |
| ATR (14) | 21.49 | High Volatility |
| ROC (12) | 23 | Buy |
| Stoch RSI (14) | 26.36 | Neutral |
| UO (7,14,28) | 58.75 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7307f0ac-3de0-4900-9108-77b625de0bfb.pdf) |
| 2026-09-03 | [Intimation For 48Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2db46f0b-10f5-4a68-99f6-c5439fae2b48.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e815aea-ac3f-4324-9cfb-cf39d9b67d70.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5cbcff2-0591-473d-994b-1de331337e5d.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb41af43-fcf2-4c95-aff2-f16c6ffae27d.pdf) |
| 2026-08-22 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=970711ff-7f5a-4dbd-a37c-8b3e5fe6d717.pdf) |
| 2026-08-22 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7487760d-82ea-47a8-a078-095c42ab6f11.pdf) |
| 2026-08-21 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa1ca8b6-a1e2-4d20-84f9-134c9819c613.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca6f31c2-75c4-454a-a873-832c26427cdb.pdf) |
| 2026-08-14 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab22dbc2-0af3-45a3-a884-1055d23c02ab.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results For The Quarter Ended On 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd846a00-693f-43da-b37b-536cdfeddf8e.pdf) |
| 2026-05-27 | [Financial Results For The Quarter And Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dd27b5f-fcac-4966-ac42-20c7c03ba6c7.pdf) |
| 2026-05-27 | [Results For The Quarter And Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a148bfe-78cf-46fe-9d09-81a03644f90e.pdf) |
| 2026-02-13 | [Outcome Of The Board Meeting Held On 13.02.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c09789d-024a-4ce8-8a6a-4a24c0f7b82e.pdf) |
| 2025-11-14 | [Financial Results For The Quarter Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4819840e-1397-4121-9cba-63d0783a37f5.pdf) |
| 2025-08-12 | [Un-Audited Financial Results For The Quarter Ended On 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=408918ff-07d2-4b85-ae94-7117dcc89402.pdf) |
| 2025-05-30 | [Results For The Financial Year 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1a9315b-a4aa-4e55-bfde-9bc2c3e29658.pdf) |
| 2025-02-11 | [Financial Results For The Quarter And Nine Months Ended On 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92f81133-53f2-469d-af0e-d828cfffcc1b.pdf) |
| 2024-11-14 | [Financial Results For The Quarter And Half Year Ended On 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8fd6427c-ddbc-4027-ad10-6b666ff2516b.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended On 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=728711cc-f466-4587-a595-bc464cb58c2d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Feb - Board meeting Feb 13, 2026 to approve unaudited Q3/9M results ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Approval Of Quarterly Results For The Quarter Ended And Nine Months Ended On 31.12.2025 4 Feb - Board meeting Feb 13, 2026 to approve unaudited Q3/9M results ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/947146f7-7f45-4d0c-afda-6b5d1ba54494.pdf) |
| 29 Dec 2025 - Form D: Mrs. Kanchan Sharma gifted 112,000 equity shares (27 Dec 2025). | [Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015 29 Dec 2025 - Form D: Mrs. Kanchan Sharma gifted 112,000 equity shares (27 Dec 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73b4396f-12dd-4c32-9789-8a65fd2d239e.pdf) |
| 26 Mar - Trading window closed Apr 1, 2026 until audited results for year ended Mar 31, 2026 declared. | [Closure of Trading Window 26 Mar - Trading window closed Apr 1, 2026 until audited results for year ended Mar 31, 2026 declared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f89780d3-76d6-42e0-9a67-9a411b61057b.pdf) |
| 17 Feb - Copy of Newspaper Publication for the Unaudited Financial results for the quarter ended on 31.12.2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Feb - Copy of Newspaper Publication for the Unaudited Financial results for the quarter ended on 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e05404a5-273b-49d7-a644-f32bab187cfe.pdf) |
| 13 Jan - Certificate under Reg 74(5) confirming securities dematerialised/rematerialised for quarter ended Dec 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Certificate under Reg 74(5) confirming securities dematerialised/rematerialised for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ded8f17a-8c1a-48e4-978e-9f66f966e92f.pdf) |
| 13 Feb - Board approved unaudited Q3 and nine-month results ended 31-Dec-2025; standalone total revenue Rs 3,576.99 lakhs. | [Outcome Of The Board Meeting Held On 13.02.2026 13 Feb - Board approved unaudited Q3 and nine-month results ended 31-Dec-2025; standalone total revenue Rs 3,576.99 lakhs.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c09789d-024a-4ce8-8a6a-4a24c0f7b82e.pdf) |
| 13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b4125bf-b9e7-407a-8a37-4c284013b50c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c0c5a66-25b2-4d70-83f8-037ec581d369.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3012599-2d8d-4404-99c5-dd57686cd1d5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28001775-2b03-4760-8739-45b2c529b5e0.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/75445539148.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/71666539148.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/66664539148.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/5391480319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/5391480318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/5391480317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539148/5391480316.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2024-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66c0445d-2a9e-4060-beea-ae70b333a3ab.pdf) |
| 2021-09-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19e52072-782c-48a0-b851-4bd068aff32f.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19e52072-782c-48a0-b851-4bd068aff32f.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66c0445d-2a9e-4060-beea-ae70b333a3ab.pdf) |
| Dec 2021 | [Concall - Dec 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0590c5a8-8f9f-482a-840a-f6d9e8742c40.pdf) |
| Dec 2021 | [Concall - Dec 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0590c5a8-8f9f-482a-840a-f6d9e8742c40.pdf) |
| Dec 2019 | [Concall - Dec 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9b095bc-119f-4b62-a930-7df340887642.pdf) |
| Dec 2019 | [Concall - Dec 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5490b334-16d1-4ef9-aad1-26c329919cd5.pdf) |
| Dec 2019 | [Concall - Dec 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9b095bc-119f-4b62-a930-7df340887642.pdf) |
| Dec 2019 | [Concall - Dec 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5490b334-16d1-4ef9-aad1-26c329919cd5.pdf) |
| Aug 2020 | [Concall - Aug 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8385d847-1c4a-4f3a-9382-ed4dee74f9e5.pdf) |
| Aug 2020 | [Concall - Aug 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8385d847-1c4a-4f3a-9382-ed4dee74f9e5.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:40:00.931Z.